BREAKING: Pink Elephant, the nightclub on 27th street that has, for years, served as go-to place for satiating one's euro-trash desires, is undergoing some trouble in paradise. Breaking news today, after rumblings of rumors over the last couple of weeks: David Sarner and Bobby Montwaid (two of the five owners in PE) have officially been SERVED by Joey Morrisey. After Pink Elephant Southampton was plagued by bankruptcy filings this summer, it seems that there is never a dull moment in the life of these club owners. More on the lawsuit below... More»